54 Rutgers Street, Maplewood, NJ, 07040 — Photo 1

$499,000

54 Rutgers Street, Maplewood, NJ, 07040

MLS# 26025821

Active110d on market

3

Bedrooms

1

Bathrooms

0.183 acres (7,950 sqft)

Lot Size

1900

Year Built

Residential — Colonial

Property Type

Description

Opportunity in the Heart of Maplewood for the Right Buyer. This 3-bedroom, 1-bath Colonial is being sold strictly as-is and presents a true renovation opportunity for a cash buyer, renovation loan buyer, or experienced buyer looking for their next project. With vision and creativity, this home offers the potential to create significant value in a highly desirable location. Located in the sought-after town of Maplewood, known for its vibrant downtown, charming shops, popular restaurants, community atmosphere, and convenient NYC train access, this property offers the opportunity to invest in a location where renovated homes continue to thrive. Buyer is responsible for performing their own due diligence regarding financing and renovation options. Renovation financing, including FHA 203(k) for qualified buyers, may be available depending on lender and property requirements. Bring your vision and transform this property into a home that reflects your style in one of New Jersey's most desirable communities. Buyer to obtain CO & Fire. New Boiler & water heater.

Tax & Financial Information

Annual Property Taxes$18,788 (NJ Public Records)
Tax Assessment$823,100
Land Assessment$417,600
ListedJuly 9, 2026

Property Features

Interior

  • ✓Heating: Baseboard,Gas
  • ✓Basement: Unfinished

Listing Information

Listing Office: Signature Realty NJ LLC — 973-921-1111

Listing Agent: Jonathan Steingraber — 908-868-2178 — admin@signaturerealtynj.com

Information deemed reliable but not guaranteed. Data provided for consumer's personal, non-commercial use only. Last updated: 10/13/2026.

Total Monthly Cost

$4,779/mo

NJ has the highest property taxes in the US. This is your real cost.

Mortgage (30yr, 6.75%)$2,589
Property Taxes$1,566
Homeowner Insurance$208
Est. Maintenance$416
Total$4,779
$Tax Appeal Potential: Save up to $759/mo

Down: $99,800 | Loan: $399,200

Estimates for informational purposes only. Insurance, maintenance, and flood costs are approximations. Consult a lender and insurance agent for accurate quotes.

Commute From This Home

Maplewood

🚂
Transit to NYC Penn

Midtown Direct

37 min
🚗
Drive to NYC (Midtown)
40 min
🚂
Transit to Hoboken
27 min
🚗
Drive to Hoboken/JC
22 min
🚗
Drive to Newark
12 min
🚉

Maplewood Station

~0.3 mi from town center

Monthly Pass(Zone 4)$170/mo

Commute times are peak-hour estimates based on NJ Transit schedules and typical traffic. Actual times may vary. Drive times assume weekday morning rush hour.

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